FocalTech Systems Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,952	14,539	13,568	12,950	21,991
Revenue Growth (YoY)	-17.79%	7.15%	4.78%	-41.11%	59.36%
Cost of Revenue	8,987	11,280	10,860	11,667	11,262
Gross Profit	2,965	3,259	2,709	1,283	10,729
Selling, General & Admin	927.46	959.13	796.34	1,039	1,190
Research & Development	2,170	2,133	1,790	2,537	2,409
Operating Expenses	3,098	3,092	2,586	3,576	3,599
Operating Income	-132.67	166.77	122.65	-2,293	7,130
Interest Expense	-14.97	-56.02	-56.04	-51.49	-12.68
Interest & Investment Income	237.37	373.96	267.97	94	31.31
Earnings From Equity Investments	0.07	-	-	-	-
Currency Exchange Gain (Loss)	-19.98	25.36	3.84	263.75	-57.69
Other Non Operating Income (Expenses)	78.19	67.19	29.59	201.9	424.14
EBT Excluding Unusual Items	148.01	577.26	367.99	-1,785	7,516
Impairment of Goodwill	-1,237	-	-	-	-
Gain (Loss) on Sale of Investments	71.12	3.47	57.73	-75.53	87.53
Pretax Income	-1,018	580.73	425.72	-1,861	7,603
Income Tax Expense	-27.88	12.28	72.7	68.28	1,506
Earnings From Continuing Operations	-990.26	568.46	353.02	-1,929	6,097
Minority Interest in Earnings	-0.34	5.61	8.9	16.86	16.09
Net Income	-990.6	574.06	361.92	-1,912	6,113
Net Income to Common	-990.6	574.06	361.92	-1,912	6,113
Net Income Growth	-	58.62%	-	-	504.05%
Shares Outstanding (Basic)	213	212	208	204	202
Shares Outstanding (Diluted)	213	217	215	204	214
Shares Change (YoY)	-1.77%	1.22%	5.31%	-4.64%	1.93%
EPS (Basic)	-4.64	2.71	1.74	-9.39	30.23
EPS (Diluted)	-4.64	2.64	1.69	-9.39	28.62
EPS Growth	-	56.21%	-	-	492.70%
Free Cash Flow	-190.56	2,181	3,182	-3,956	3,732
Free Cash Flow Per Share	-0.89	10.04	14.83	-19.42	17.47
Dividend Per Share	0.800	1.720	1.000	0.500	15.710
Dividend Growth	-53.49%	72.00%	100.00%	-96.82%	373.19%
Gross Margin	24.81%	22.42%	19.96%	9.90%	48.79%
Operating Margin	-1.11%	1.15%	0.90%	-17.71%	32.42%
Profit Margin	-8.29%	3.95%	2.67%	-14.77%	27.80%
Free Cash Flow Margin	-1.59%	15.00%	23.45%	-30.55%	16.97%
EBITDA	110.15	316.9	253.26	-2,156	7,232
EBITDA Margin	0.92%	2.18%	1.87%	-16.65%	32.89%
D&A For EBITDA	242.83	150.12	130.61	136.94	101.81
EBIT	-132.67	166.77	122.65	-2,293	7,130
EBIT Margin	-1.11%	1.15%	0.90%	-17.71%	32.42%
Effective Tax Rate	-	2.11%	17.08%	-	19.81%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.